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Vroom Boom Bust: Inside the Online Car Market Meltdown
Archived series ("Inactive feed" status)
When? This feed was archived on July 14, 2024 04:32 (). Last successful fetch was on June 11, 2024 17:40 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
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Manage episode 400789990 series 2889008
You can't believe your eyes as the once high-flying online used car retailer Vroom utterly implodes before you. How could a company valued at over $12 billion just two years ago now be worth only $100 million and facing bankruptcy? What forces combined to take down this former Wall Street darling that promised to disrupt the entrenched auto dealership model? Join expert hosts Jay Grosman and Gerald Bentley as they unpack the spectacular rise and fall of Vroom, analyzing their flawed business strategy, economic missteps and failure to turn profits. You'll discover the perfect storm of factors that accelerated their downfall - from rising interest rates to supply chain woes. Most shockingly, you'll hear allegations of how Vroom deceived customers and regulators while problems mounted behind the scenes. This is a dramatic, insider account of ambition, greed and incompetence - the story of the biggest online auto retailer ever to crash and burn. Don't miss this wild ride that both industry insiders and ordinary consumers need to hear.
160 episodes
Archived series ("Inactive feed" status)
When? This feed was archived on July 14, 2024 04:32 (). Last successful fetch was on June 11, 2024 17:40 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 400789990 series 2889008
You can't believe your eyes as the once high-flying online used car retailer Vroom utterly implodes before you. How could a company valued at over $12 billion just two years ago now be worth only $100 million and facing bankruptcy? What forces combined to take down this former Wall Street darling that promised to disrupt the entrenched auto dealership model? Join expert hosts Jay Grosman and Gerald Bentley as they unpack the spectacular rise and fall of Vroom, analyzing their flawed business strategy, economic missteps and failure to turn profits. You'll discover the perfect storm of factors that accelerated their downfall - from rising interest rates to supply chain woes. Most shockingly, you'll hear allegations of how Vroom deceived customers and regulators while problems mounted behind the scenes. This is a dramatic, insider account of ambition, greed and incompetence - the story of the biggest online auto retailer ever to crash and burn. Don't miss this wild ride that both industry insiders and ordinary consumers need to hear.
160 episodes
All episodes
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